'We want accountability, but it doesn't mean that we're not going to help and assist the concessionaire,' says Energy Secretary Raphael Lotilla.
The energy chief said that the audit will look into NGCP’s adherence to the concession agreement, as well as its investments on transmission facilities. An audit on cybersecurity is also set.Will the government take back transmission assets in the event that NGCP fails the audit?
Lotilla, who at one point was the CEO of the Power Sector Assets and Liabilities Management Corporation, a corporation tasked to manage the sale and privatization of power assets, said that the goal is to help NGCP improve things. “No, we’re not suggesting turning the clock around, but how do we improve things? I think the expectations of the president reflect the expectations of the country as a whole, which is how do we get to deliver good service to our people,” Lotilla said.
Lotilla explained that connectivity issues have slowed down renewable energy adoption in the country, with renewable energy levels in the grid only at 22%, while variable renewable energy like wind and solar representing only 3% in the Visayas and Mindanao. “The moment we wrap up the percentage or the penetration of renewable energy, the more that we would need to have an intelligent and modernized transmission system, and I think from the statements of NGCP, they do recognize that there is such a need. But we should have been more anticipatory. As I stressed in the past, we want accountability, but it doesn’t mean that we’re not going to help and assist the concessionaire,” he said.
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